Compare the markets and instruments offered by LiteFinance and its competitors. Please note, some markets may only be available via CFDs or other derivatives. A Forex Islamic account is a halal trading account and is available to investors prohibited from conducting trades involving interest rates, owing to religious beliefs. Alternatively, the WebTrader interface lets you trade directly from an online browser. The setup and verification process is quick and intuitive so users can start trading within minutes.
- Detailed description of the latest and most innovative trading strategies, special features of rare indicators settings, daily fundamental and technical market analysis – all of this is available in our Forex trading blog.
- This industry-standard software comes with a raft of features and benefits and is recognized for its data security features, analytics tools, and quick execution times.
- The LiteForex site features extensive information about the account types and assets available to buy and sell using its platform.
- Another strong point is the broad range of forex trading educational resources available on the broker’s website.
Users can view the trades carried out by top-ranked account holders and imitate their winning strategies as they aim to increase their performance daily. LiteFinance has a cabinet of tools to facilitate successful trading including; an economic calendar, a world market news blog, and both a margin and Fibonacci calculator all accessible via the homepage. The minimum deposit for all accounts is $50 and payments are usually processed on the same day.
What is the Market Trend? All About How to Find Stock Market Trends
Still, MetaTrader 4 remains the most popular platform and has everything needed to implement successful trading strategies. The materials are prepared by the well-known independent analytical agency Claws&Horns, which has established itself as a professional in the area of market analysis. Open an account with LiteForex and gain access to quality analysis for free. LiteForex users can choose between MetaTrader 4 and MetaTrader 5 as platforms for their trading activities. This ensures data privacy and software stability while granting users access to mobile and desktop trading 24 hours a day.
Today, its brokerage services are used by 500,000 clients worldwide. It offers a range of assets, two of the most popular trading platforms and flexible account options with the aim of making the world of forex and CFD trading accessible to a global audience. Our Forex blog is an independent source of useful information on financial markets, forex xcriticalgs and cryptocurrencies for traders and investors. The authors of articles in Forex Trading Blog are active traders, economic observers, and popular analysts.
Forex blog for traders
Mobile trading is also available through the MT4 and MT5 platforms. The apps are available to download free of charge on both Android (APK) and Apple (iOS) devices. Users get signals, news alerts, and a range of price analysis features for different trading strategies.
All necessary materials to make money in the Forex market are in the trading blog
With the latter, commission is charged at $0.5 per lot alongside xcritical spreads from 0.0 pips. Spreads on the Classic account are relatively high, starting at 1.8 pips but with no commission. Analytical materials are developed in cooperation with our partner, Claws&Horns, exclusively for information purposes. Published materials should not be regarded as a recommendation for investment or advice in accordance with Directive EC.
LiteFinance offers an automatic withdrawal feature that enables traders to withdraw funds up to $100 per day within 24 hours and is available on Perfect Money and M-Pesa. LiteFinance offers its own mobile trading application, available from Google Play and the App Store. The application offers access to 190 instruments, over 100 graphical tools, and 75 indicators. Users also benefit from signals and copy trading, plus automatic withdrawals up to $3000. In addition, the app was updated in 2022 to provide a more stable and reliable trading experience. LiteFinance offers the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms.
We want trader, looking for valuable information, to visit us again and again to discover. That is why we are constantly working to make our Forex trading blog the most convenient, helpful and interesting for traders. Our authors are famous analysts and successful traders who share their secrets of success in Forex . The editorial stuff of Forex trading blog constantly monitors the quality and credibility of the released materials and carefully selects the articles to be published. There is also a section, devoted to xcritical official site investment in financial markets, where the authors study top investment options and offer advice for Forex investors.
In addition, the trading blog focuses on the upcoming economic highlights, according to which, traders who are based in their trading on fundamental data, plan their trading decisions. Novice traders will find all the necessary Forex materials for beginners. Overall, LiteForex is an excellent proposition for both beginner traders and professionals thanks to its range of account types and the wealth of financial information available to account holders. Private investors focusing primarily on forex pairs while appreciating transparency and competitive pricing will benefit, especially from this broker’s offering. LiteForex has a track record of more than 15 years in the online brokerage industry with offices in jurisdictions worldwide. LiteFinance (ex LiteForex) was founded in 2005 by Aleksey Smirnov.
You’ll find everything you need to know about the foreign exchange market in this Forex blog. Another strong point is the broad range of forex trading educational resources available on the broker’s website. These range from tutorials and summaries of well-known books on investing, economics, and financial markets to the opportunity to access expert analysis through a partnership with financial insights provider Claws & Horns. Another benefit related to the European Union’s financial markets regulations is the negative balance protection feature that applies to both account types. The Cyprus Investor Compensation Fund covers all retail trading accounts (for those not belonging to professional or institutional investors) against broker liquidation to a maximum value of EUR 20,000. To evaluate brokers, we test the accounts, trading tools and services provided.
What is Forex: FX Trading Basics
Also check for the respective server time where you’re based. Note, only the MT4 platform is available to ECN account holders. LiteFinance offers two primary live accounts; the ECN account and a Classic account. Mobile trading offers greater flexibility than desktop trading but for data-intensive tasks, the desktop solution is easier to navigate. Liteforex (Europe) LTD provides services only to the residents of countries from the European Economic Area (EEA), the United Arab Emirates, and the Marshall Islands.Full list of countries is available here.
It should be noted that LiteForex applies a slightly different cost structure to its two account types. The Classic account features 0% commissions with the spreads, including a markup, as outlined above. However, the ECN account, which is aimed at professional and institutional users, charges a flat commission of $5 per round trip per lot. As an alternative, clients can also fund their accounts using cryptocurrencies.
Clients can also fund their accounts with cryptocurrencies, such as Bitcoin. Besides, trading portal is the blog about cryptocurrencies; it includes detailed analytical and educational video reviews, the most informative and helpful both for beginners and for advanced Forex traders. Here, we place the news and materials about cryptocurrencies and xcritical technologies – everything you need to operate and invest in the cryptocurrency market successfully.
The mobile applications are also easy to navigate and available in eight different languages. Along with the above topics, trading blog covers many other additional complementary issues of trading for professionals – money management rules, risk management system and trading psychology. This broker provides a reliable and engaging copy trading facility that functions as a social media network.
